Time Limit of Environmental Benefits of Renewable Energy Power Projects—Analysis Based on Monte Carlo Simulation
Nan Shang,
Guori Huang,
Yuan Leng
et al.
Abstract:The supply of green electricity certificates (GECs) exceeds the demand, leading to companies being more willing to purchase GECs to meet their emission reduction obligations. However, concerns have been raised about the environmental impact of renewable energy (RE) projects labeled as “greenwashing”. Drawing on the “additionality” theory, we developed a cost model with construction, operation, and discount rates. We utilized cost data from China’s onshore wind and photovoltaic power generation in our study. Af… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.